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25 of 28 people found the following review helpful
on December 12, 2004
We used this book in my accounting class. The coverage jumped around a too much for my taste. Also, not having an accounting background, the constant language changes (with no cross references and very superficial glossary), especially between the chapter text and the exercises made the endeavor excruciating. The worst part was not being able to check answers. The answer key should come with the book. Not having an answer key invalidates this books use as a learning tool even if it were better written.
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18 of 21 people found the following review helpful
on June 25, 2006
If you are new to accounting then this book should definitely be on your list. Explaining step by step how to record basic journal entries and how these entries relate to the various financial statements (Income Statement, Cash-Flows...), in a clear and well organized fashion. The only reason I am unwilling to rate this book five stars is due to the price; as most people will be using this book as an introduction to financial accounting it does seem a little expensive. It is also worth noting the problems and examples used throughout the book are of excellent quality, especially the financial statements provided in appendix A and B. If you have previous experience within the accounting field I would probably recommend a book at a higher level but beginners could do no better.
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7 of 7 people found the following review helpful
on June 3, 2006
I found the definitions to be vague, and even the definitions of terms change as you go through the chapter, which is confusing, when you're trying to retain all this new information. The author should provide a list of examples of terms, so that we understand and grasp what the meanings of terms are, and how they are linked to other definitions.

For example, a cash flow from investing actitivites are defined as "cash flows related to the acquisition or sale of the company's productive assests". As you do some homework prolems and online quizzes, you can gather that productive assests are more than manufacturing equipment, which was the one example given in the book. If I don't know what productive assets are, then I'm not going to understand what cash flow from investing activities are.

Also, why not provide an answer key so that you can check to see if you're doing the work correctly and that you have the right understanding? The answer key should not be just for teachers.
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24 of 32 people found the following review helpful
on June 10, 2002
This book is terrible! It gives different definitions for the same term several times in the first few chapters. Why doesn't it just give one coherent, comprehensive definition for each word?!! The concepts are broken up and presented helter-skelter, so reading this book is like working a tedious jigsaw puzzle. Then it includes lots of problems at the end of each chapter, but there is no answer key, and the Solutions Manual is only available to teachers. Do they think that my professor is too lazy or too stupid to make up his own tests? (Hint to oblivious writers/editors: a textbook is useless if students cannot practice working problems and check the answers on their own. This is not third grade, and my professor is not a babysitter!) I bought the workbook (which contains practice tests) separately, but I still don't have the answers to the problems at the end of the chapters. I will speak to the department heads at my college and beg them to switch publishers next semester.
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2 of 2 people found the following review helpful
on September 23, 2008
I was led to believe that this item came with an access code for the publisher's Wileyplus online tools because this was mentioned in the "Key Features" segment of the product description. But to my dissatisfaction it was not. I was forced to purchase the access code separately from the publisher's website for about $68. I only saved $2 by purchasing this text through Amazon.com and this is only because I purchased with free shipping. Moreover, it was not worth the hassle...in the future I will purchase from the school's bookstore, get everything I need in one stop, and know I've purchased the right materials.
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4 of 5 people found the following review helpful
on February 15, 2012
The book is very good. It presents the information multiple ways to suit all learning styles and provides examples with solutions after each major concept. The price of the book is outrageous, especially in campus bookstores. Amazon definitely has it at one of the cheaper prices.
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2 of 2 people found the following review helpful
on February 10, 2010
Anything priced over $60 for a used version is a RIPOFF. These do NOT include a WileyPlus registration and you will end up spending another $80 on a registration code.
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3 of 4 people found the following review helpful
on June 5, 2008
This book and the service surrounding it is absolute garbage. The positive reviews it has received are highly dubious. The book is very unclear with terminology, and the lack of answer keys to check your progress makes this worse. If you're buying this used be prepared to wade through red tape to get access to an answer key. 70 bucks for a single semester of access, and you won't have access as soon as you pay, you will also need a url from your instructor to access the site. I understand why this is needed for your class specific information but to simply access the sites tools, like an answer sheet, should not require anything more than your subscription...actually it should have come with the book.

I have taken two other classes with website support material and I did not have to go through near the trouble. I am likely to take my complaint to my colleges administration as this book would only be tolerable to someone strong in this field, which defeats its purpose.
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1 of 1 people found the following review helpful
on November 8, 2007
I took, maybe, nine units of accounting in college. It isn't my favorite subject. If my work involved numbers, I'd rather be in finance which is forward-looking (as opposed to accounting which is backward-looking since it reviews historical performance).

To my pleasant surprise, this book made learning (or re-learning) accounting quite enjoyable. The authors are respected instructors and their expertise is evident in the book's instructional design.

Be sure to utilize the online component of the book. It uses Flash animation and features chapter reviews, quizzes, tutorials, flash cards, et al. The online component complements the written text very well.
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1 of 1 people found the following review helpful
on June 10, 2009
I ordered this book for a summer class of mine, because it was cheaper to buy than rent from the school. It came very late, but was worth it. It is in much better condition than the school books too. The only thing wrong with it is VERY LIGHT normal wear and tear, just a little tear on the book binding. If all books from this company are in this great condition, I give it my top recommendations! Thank you!
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